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Official template · basic · Income

Compare call premium alongside risk.

Answer "where is the covered call premium today" with the risk shown next to the yield.

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Covered Call Yield · 21-second walkthroughMarket session Sep 25, 2026

The report UI is recreated from the test app's Sep 25, 2026 session, not a live screen. A historical example with music; no narration.

Covered Call Yield · real test-app reportMarket session Sep 22, 2026Swipe to inspect →
Real Covered Call Yield report in the TradingFlow test app, showing Highest annualized yield for the September 22, 2026 market session.

Captured Sep 23, 2026 on testapp.tradingflow.com. This is a historical example; results on this page do not refresh. Swipe across the image to inspect its columns.

Covered Call Yield · how the report is assembledConceptual map
  1. 01Delta + expiry filters
  2. 02Static yield screen
  3. 03Calls with risk context

Settlement-close yields are upper bounds, not realized returns.

Read the output

  1. 01Annualized static yield: premium as a share of spot, scaled to a year.
  2. 02OTM cushion — how far the stock can rise before the strike is touched.
  3. 03Delta as the conventional rough proxy for finishing in the money, plus open interest.

Keep in mind

Premium is the settlement close; a seller transacts at the bid, so every yield shown is an upper bound.

How to read it

From report to evidence

  1. 01

    Set the assignment ceiling

    Delta caps how far in the money the screen will go.

  2. 02

    Read yield with cushion

    A high annualized number on a thin cushion is a different trade from the same yield further out.

  3. 03

    Sanity-check the vol

    High yield is usually high implied volatility — the market pricing a wider range, not free income.

Method and limitations

A one-screen Cookbook tool: which calls pay the most premium per unit of assignment risk right now. Official app template: Covered Call Yield.

What the report computes

  • Annualized static yield: premium as a share of spot, scaled to a year.
  • OTM cushion — how far the stock can rise before the strike is touched.
  • Delta as the conventional rough proxy for finishing in the money, plus open interest.

What it does not claim

  • Premium is the settlement close; a seller transacts at the bid, so every yield shown is an upper bound.
  • Static yield assumes the call expires worthless and models no assignment, early exercise or dividend.
  • A single-leg screen — the tape cannot link legs, so nothing here is an actual covered call position.

Shows cushion and delta beside the yield, so a headline annualized number is never readable without the assignment risk that produced it.

Frequently asked questions

Why is the yield an upper bound?
It is computed from the settlement close. A real seller transacts at the bid, which sits below it, so the premium actually received is lower than the figure shown.
Is a 100% annualized yield real?
It is arithmetic, not a forecast. Annualizing one short-dated premium assumes a cycle repeating all year at the same price, and that level of premium usually reflects a name the market expects to move hard.

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The public page explains the report. Run the official template in TradingFlow for a selected completed market session.

Open Covered call yield
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